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In the world of business, staying on top of the latest news and updates is crucial. Whether it’s tracking the movements of industry giants like Bill Gates, Elon Musk, Mukesh Ambani, and Gautam Adani, or keeping an eye on the ever-changing gold and silver prices, being informed is key.
As the deadline for filing Income Tax Returns (ITR) approaches on July 31, 2024, the Income Tax Department has issued a reminder to taxpayers to ensure they file their returns on time. There have been speculations about a possible extension of the deadline, but as of now, the original deadline stands.
In other news, Ola Electric has recently lowered its IPO price, citing specific reasons for the adjustment. The move has resulted in the IPO being offered at a 25% discount compared to the company’s previous valuation.
Additionally, the Securities and Exchange Board of India (SEBI) has introduced a new chatbot called ‘SEVA’ that allows users to ask questions and seek information related to the stock market and regulatory guidelines.
Furthermore, private equity firm Blackstone is reportedly in talks to acquire a 51% stake in Haldiram’s for a whopping ₹40,000 crore, which would give them control over the popular snack brand’s product business.
Lastly, Rapido, a popular bike taxi service, has secured $120 million in fresh funding from WestBridge, making it a unicorn startup with a valuation exceeding $1 billion.
Stay tuned for more updates on these and other business developments as we bring you the latest news and insights from the world of business.